David Bush, a spokesperson for the firm, said this was ‘particularly
surprising given that Easter fell during April, which is generally the second
busiest period for retailers in the UK and especially as the warm weather
boosted sales of clothing’
‘The ONS figures also largely contradict those released by the
British Retail Consortium and the CBI
earlier in the month,’ Bush said.
‘While many might argue that the decrease is only marginal, we would say that
the underlying tone of the UK retail environment remains buoyant, and that
consumer spending continues largely unabated regardless of the four interest
rate rises we have seen since last summer,’ he added.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements